AI Drug Discovery Startups: Analysis of Exscientia’s Acquisition by Recursion

A European player looking to make a difference in the high growth AI-drug discovery market is Exscientia. Like others in the industry, it too has had an interesting story. After a brief listing on the stock market, Exscientia was acquired by another AI-based biotech firm Recursion last year.

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AI Investor Forum: Gus Tai on AI in Healthcare (Part 4)

Sramana Mitra: Yes. On the process side, we’ve had a company become quite successful in the program. It is bootstrapped. We looked at raising money, but eventually, it was going fine as a bootstrapped company. I think it continues to bootstrap. It’s called CliniOps.

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AI Investor Forum: Gus Tai on AI in Healthcare (Part 3)

Sramana Mitra: Now, let’s shift to medical imaging, which is another area where AI is having lots of impact. There are lots of companies working in this field, and lots of entrepreneurial efforts going on in this field. The question that I’m of thinking about is that, are these going to be unicorn style opportunities?

AI Investor Forum: Gus Tai on AI in Healthcare (Part 2)

Sramana Mitra: Google’s AlphaFold is a good example of a model. A lot of scientists have been given access to it at an affordable price point. The impact it is having on scientific discovery and research is humongous. Somewhere in this continuum, I see that there’s a missing area where there is no Platform as a Service (PaaS) like AlphaFold that scientists can tap into to do drug discovery work using AI.

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